£240,261
This estimated value is based upon the latest sale price for the house of £139,000 on 26 Aug 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £139,000 | 26 Aug 2011 |
| £72,500 | 16 Jul 2001 |
| £56,950 | 3 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 49 sq meters or 530 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in August 2011 the House Price Index for SUFFOLK was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £139,000 results in an estimated price of approximately £240,261.
| 26 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £139,000 | £101,261 | £240,261 |
The Postcode Pricing Model uses changes in average sales price within the IP32 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 13.009 % | £18,082 | £157,082 |
| 3 Month Average | 22.573 % | £31,376 | £170,376 |
| 6 Month Average | 54.935 % | £76,359 | £215,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £237,658 | £233,500 | UNIT 9 MERCERS ROAD |
| 23 Nov 2023 | £456,762 | £450,000 | 2 LAYWOOD CLOSE |
| 18 Aug 2023 | £327,868 | £325,000 | 1 ST NICHOLAS CLOSE |
| 30 Jun 2023 | £2,692,616 | £2,660,000 | 40 HOLLOW ROAD |
| 27 Apr 2023 | £550,932 | £545,000 | 57 EASTGATE STREET |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 28 Jan 2011. Using an estimated price of £240,262 means this house is valued at £4,871 per sq meter (£452 per sq foot).
The average size of a house on HOLLOW ROAD is 96 sq meters (1,041 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Hollow Road |
| Mar 2024 | Drugs | Local resolution | On or near Hollow Road |
| Mar 2024 | Drugs | Under investigation | On or near Hollow Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eastern Way |
| Apr 2024 | Anti-social behaviour | On or near Eastern Way |